
South Harz Potash Limited (SHP:AU) has announced Swedish Exploration Licence Approvals
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South Harz Potash Limited (SHP:AU) has announced Swedish Exploration Licence Approvals
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Brightstar Resources (BTR:AU) has announced Trading Halt
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Seegnal Inc. (TSXV: SEGN) (‘Seegnal‘ or the ‘Corporation‘), a global leader in AI-enhanced prescription intelligence, today announced real-world clinical results demonstrating how medication governance may reduce fall-risk drivers in older adults — a significant clinical and financial challenge across long-term care (LTC), and risk-based care models.
The findings, presented at the CALTCM Summit for Excellence (October 23–25, 2025), provide direct evidence that prescribing decisions — when measured and governed at scale — represent one of the largest untapped levers for cost avoidance and quality improvement in senior care.
A DIRECT HIT ON ONE OF LTC’S MOST EXPENSIVE PROBLEMS
Falls are a significant cause of hospitalization, litigation exposure, staffing strain, and avoidable costs in LTC facilities.
Seegnal analyzed real-world prescribing behavior related to alpha-blocker use in older women, a known contributor to falls, using live clinical workflows rather than retrospective claims data.
The study population included 124,461 female patients aged 70 or older
Results from a three-month deployment:
The implication for LTC operators is clear: fall risk is being created upstream at the prescription level — and can be mitigated before it becomes an admission, incident report, or lawsuit.
WHY THIS MATTERS FOR PAYERS AND LONG-TERM CARE NETWORKS
Unlike traditional clinical decision support tools that fire alerts and stop there, Seegnal exposes how organizations actually prescribe, where risk accumulates, and where policy gaps exist.
For LTC operators and payers, this enables:
The results of the study are encouraging as they demonstrate the possibility of cost avoidance + capacity creation driven by real prescribing behavior.
FROM ALERTS TO PRESCRIPTION GOVERNANCE
The CALTCM findings highlight a broader structural issue in senior care: clinicians often recognize medication risk, but organizations often lack the governance layer to turn that insight into sustained, system-wide improvement.
Seegnal aims to fill that gap by acting as the Prescription Operating System for healthcare organizations — enabling them to:
MANAGEMENT COMMENTARY
‘In long-term care, falls are not just clinical events — they are balance-sheet events,’ said Elad Bibi-Aviv, Chief Executive Officer of Seegnal.
‘What this data shows is that prescribing decisions are one of the few levers organizations can control before costs explode. Seegnal gives LTC operators and payers visibility and control where it actually matters — upstream.’
‘Organizations don’t need more alerts. They need governance, measurement, and proof of value. That is exactly what Seegnal was built to deliver.’
‘Technology is essential, but the real impact on patient outcomes depends on implementation and culture. Seegnal not only integrates seamlessly into workflows but also flags non-rational medication use at the institutional level, enabling management to drive clinical excellence,’ said Dr. Shiri Guy-Alfandary, VP Clinical & Product.
BUILT FOR THE LONG-TERM CARE MARKET: DATA FIRST, FAST VALUE
Seegnal is actively opening Long Term Care engagements through a data-first model:
This approach aligns directly with the needs of:
ABOUT THE CLINICAL EVIDENCE
The findings were presented in ‘Reducing Inappropriate Use of Alpha-blockers in Geriatric Patients’ by Dr. Hen Popilski and Dr. Shiri Guy-Alfandary, PharmD, Seegnal, based on real-world prescribing data from routine clinical practice.
The findings and conclusions referenced in this press release are derived from Seegnal’s internal studies. These findings are preliminary in nature, may be based on assumptions and methodologies developed for internal use, and have not been independently audited, verified, or peer‑reviewed. The information is provided solely for general informational purposes.
About Seegnal
Seegnal is a public company that aims to solve one of the top causes of death and injuries in the modern world – Adverse Drug Effects (ADEs). Seegnal’s Clinical Decision Support system introduces a paradigm shift in the approach to this problem by implementing a new elevated Patient-Centric Standard. Seegnal’s SaaS technology exclusively integrates, at the point-of-care, unique patient-specific data such as lab results, vital signs, ECG, smoking status, allergies, food interactions, gender, age, and the effects of many concomitant medications, while reducing the current alert load for clinicians by over 90%. In practice, clinicians using Seegnal eHealth complete their prescription workflow with limited interruption, saving time and fatigue. Patients enjoy more tailored medication and improved safety, leading to better quality of life, with precision alerts reaching up to 98% accuracy. Institutions have reported reductions in admissions, medication consumption, and significant time savings in prescription renewals. Seegnal eHealth is marketing its SaaS-based platform in Israel (where the Ministry of Health recently adopted Seegnal’s patient-specific standard as the new standard in governmental hospitals), the United Arab Emirates, the United Kingdom, the United States, and Poland. The platform is currently a ‘standard of care’ system for over 15,000 clinicians in Israel, used daily for prescribing medications.
See www.seegnal.com.
Cautionary Note Regarding Forward-Looking Information
This press release contains ‘forward-looking information’ or ‘forward-looking statements’ within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, including statements included in the ‘About Seegnal’ section of this press release, are forward-looking. Generally, the forward-looking information and forward-looking statements can be identified by the use of forward-looking terminology such as ‘anticipate’, ‘believes’, ‘estimates’, ‘expects’, ‘intends’, ‘may’, ‘should’, ‘will’ or variations of such words or similar expressions. More particularly, and without limitation, this press release contains forward-looking information or forward-looking statements concerning the application of Seegnal’s findings and conclusions, and any benefit, implied or express, that may be realized by Seegnal or its clients. These statements, including the findings discussed herein, are based on current assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Please refer to Seegnal’s public filings with applicable securities regulators for additional information regarding risk factors and other disclosures.
Seegnal cautions that all forward-looking information and forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of Seegnal, including expectations and assumptions concerning Seegnal and its products as well as other risks and uncertainties, including those described in Seegnal’s filings available on SEDAR+ at www.sedarplus.ca. The reader is cautioned that assumptions used in the preparation of any forward-looking information or forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of Seegnal. The reader is cautioned not to place undue reliance on any forward-looking information or forward-looking statements. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking information and forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and Seegnal does not undertake any obligation to update publicly or to revise any of the included forward-looking information or forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Source


The US Federal Reserve held its first meeting of 2026 from Tuesday (January 27) to Wednesday (January 28) amid growing tensions between Fed independence and the Trump administration.
The central bank met analysts’ expectations by maintaining the federal funds rate in the 3.5 to 3.75 percent range. After three consecutive cuts at the end of 2025, the Fed decided to hold the line on interest rates. The board welcomed some positive signs of stabilization in the US economy, but has decided to take a “wait-and-see” approach.
The Fed has a dual mandate to promote maximum employment and price stability.
For several months now, its Board of Governors has been split between those concerned with preventing a further slowdown in the US labor market and those fearing the fight against inflation is far from over.
The Fed’s preferred inflation metric, the Personal Consumption Expenditures (PCE) price index, came in above the 2 percent target, landing at 2.8 percent for November 2025. Meanwhile, Bureau of Labor Statistics data shows that the US economy added a modest 50,000 jobs in December 2025 compared to 56,000 jobs added in the previous month.
A weak labor market in the face of entrenched inflation has left the Fed in a pickle.
Lowering rates in turn lowers the cost of borrowing, which can provide businesses with more runway to grow their workforce. However, increasing available money supply by easing access to borrowing can also increase inflation.
The split between doves and hawks that began in late 2025 is still plaguing the Fed into the new year, which promises to see current Chair Jerome Powell replaced with someone more likely to be on board with the much lower rate environment desired by the Trump administration. Two Fed board members cast dissenting votes against holding rates steady, including Governor Stephen Miran and Governor Christopher Waller, who both pushed for a 0.25 percent cut.
“Economic activity has been expanding at a solid pace,” explained the Fed. “Job gains have remained low, and the unemployment rate has shown some signs of stabilization. Inflation remains somewhat elevated.”
The unemployment rate ended 2025 at 4.4 percent. While that’s historically low, data also shows limited job vacancies, and low rates of new hiring. Business Insider reporter Madison Hoff notes that economists are calling this a “low-fire, low-hire environment” due to uncertainty over where the economy is headed.
“It’s likely Fed leaders will stick to the status quo in January, in hopes that steady rates will push inflation closer to their 2% goal,” she wrote. “Affordability is a major concern for American households, as prices rise on housing, groceries, healthcare, and more. Powell has consistently prioritized price stability during his time as chair.”
During a press conference following the rate decision, Powell was careful not to commit to any future rate cut timeline. While the board still sees “some tension between employment and inflation,” that is moderating, and the Fed no longer sees any big risk either of accelerated inflation or a further significant breakdown in the labor market.
There’s also not much chance of a rate hike, either.
“We don’t take things off the table, but it isn’t anybody’s base case right now,” said Powell.
While PCE remains elevated at 2.8 percent, Powell noted that if the impact of tariffs were removed that figure would be hovering just above 2 percent. He explained that the Fed thinks this impact is largely in the rear-view mirror now.
Any day now, US President Donald Trump is expected to announce a replacement for Powell, whose term expires in May 2026. Trump has criticized the Fed and Powell in particular, saying they haven’t lowered rates quickly enough.
On October 27, US Secretary of the Treasury Scott Bessent announced a shortlist of candidates to replace Powell, including Fed governors Christopher Waller and Michelle Bowman, National Economic Council Director Kevin Hassett, former Fed Governor Kevin Warsh and BlackRock (NYSE:BLK) executive Rick Rieder.
The Wall Street heavyweight is reportedly the favored candidate at the moment.
“Under Warsh, the Fed would likely signal a preference for a smaller footprint. Despite recent support for near-term rate cuts, his longer-standing views favor a scarce-reserves framework and balance-sheet reduction, which markets would associate with higher term premium and greater yield-curve volatility,” he added.
Trump’s feud with the Fed escalated earlier this month, when the US Department of Justice served the agency with grand jury subpoenas, threatening a criminal indictment over Powell’s testimony to the Senate Banking Committee this past June. In addition to that, last week, the Supreme Court sat for oral arguments over whether Trump can legally remove Fed Governor Lisa Cook from her position over allegations of mortgage fraud.
Although Powell batted away any political questions from reporters during the press conference, he did acknowledge that the Supreme Court case between Trump and Cook is the most “important legal case in the Fed’s 113-year history.’
The gold price spiked to a new high of US$5,361.31 per ounce after the Fed’s decision, although much of that boost likely came from a much weaker US dollar, which is trading at four year lows. Silver traded in a range of US$110 to US$116 per ounce, just below the all-time high of US$117.72 per ounce set on Monday (January 26).
Equities reactions were fairly muted following the rate announcement on Wednesday, with the S&P 500 (INDEXSP:INX) up 0.083 percent to reach 6,972.78. Meanwhile, the Nasdaq-100 (INDEXNASDAQ:NDX) gained 0.31 percent to come in at 26,020.9, and the Dow Jones Industrial Average (INDEXDJX:DJI) was down 0.0064 percent, coming to 49,000.29. It seems Wall Street had already factored in the Fed’s decision to hold.
The next Fed interest rate decision will come on March 18, the second to last Fed meeting before Powell’s term as chair comes to an end. Most analysts expect interest rates to remain in a holding pattern until the second half of 2026.
Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.


Here’s a quick recap of the crypto landscape for Wednesday (January 28) as of 9:00 a.m. UTC.
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.
Bitcoin (BTC) was priced at US$88,867.96, up by 2.0 percent over 24 hours.
Bitcoin price performance, January 28, 2025.
Chart via TradingView.
Ether (ETH) was priced at US$2,990.46, up by 3.7 percent over the last 24 hours.
Tether has quietly built what its CEO describes as the world’s largest non-sovereign gold hoard, holding roughly 140 tons of bullion worth about US$23 billion in a high-security Swiss bunker.
In an interview with Bloomberg, CEO Paolo Ardoino said the company has been buying more than a ton of physical gold per week, a pace that places it among the most active buyers in the global bullion market.
Executives say the strategy is designed to harden Tether’s balance sheet and hedge against fiat currency risk, particularly for its flagship stablecoin USDT and its gold-backed token XAUT.
Bullion traders note that sustained, price-insensitive buying of this scale can tighten supply and affect liquidity, especially when central banks and ETFs are also accumulating.
Critics, however, warn that concentrating so much physical gold in a single private entity adds a new layer of systemic and transparency risk.
A South Dakota lawmaker has reintroduced legislation that would allow the state to allocate up to 10 percent of certain public funds to Bitcoin, reviving a proposal that stalled last year.
Filed by Republican Representative Logan Manhart, the bill would permit exposure through direct holdings, regulated custodians, or approved exchange-traded products. It also sets out strict custody and security standards, including exclusive control of private keys, encrypted hardware storage, and regular audits.
The measure has cleared its first procedural hurdle and is now with the state’s Committee on Commerce and Energy.
Similar initiatives have gained traction elsewhere, with several US states exploring or adopting crypto reserve strategies.
Crypto payments are moving closer to routine checkout, driven largely by big businesses, according to a new survey from PayPal (NASDAQ:PYPL) and the National Cryptocurrency Association.
The survey found that about 40 percent of U.S. merchants now accept cryptocurrency, rising to 50% among companies with more than US$500 million in annual revenue.
Merchants cited growing customer demand as the main driver, with most saying shoppers have asked about paying with crypto and expect to use it regularly.
Ease of use remains the key barrier: respondents said adoption would accelerate if crypto payments felt as simple as card transactions.
PayPal said this demand is shaping product design, as firms look to integrate crypto without disrupting existing checkout flows.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.


Rua Gold INC. (TSXV: RUA,OTC:NZAUF) (OTCQB: NZAUF) (‘Rua Gold’ or the ‘Company’) is pleased to announce that it has closed its previously announced upsized private placement (the ‘LIFE Offering’) of 22,727,200 common shares in the capital of the Company (each, a ‘Common Share’) for gross proceeds of $24,999,920 and concurrent upsized private placement (the ‘Concurrent Offering’ and together with the LIFE Offering, the ‘Offering’) of 7,273,454 Common Shares for gross proceeds of approximately $8,000,800. Pursuant to the Offering, the Company issued an aggregate of 30,000,654 Common Shares at $1.10 per Common Share (the ‘Offering Price’) for aggregate gross proceeds of approximately $33,000,720.
Raymond James Ltd. and Cormark Securities Inc. acted as co-lead agents and joint bookrunners in connection with the LIFE Offering, together with Beacon Securities Limited (collectively, the ‘Agents’).
The net proceeds of the Offering will be used for exploration and development activities on the Company’s Reefton Project and Glamorgan Project, both located in New Zealand, and for working capital and general corporate purposes.
Robert Eckford, CEO of Rua Gold commented: ‘We are excited to close our upsized financing with lead participation from two very well regarded new institutional investors taking our institutional ownership to over 40% of our share count. The endorsement by this group of sophisticated investors supports the strong conviction in both uncovering the potential of our undrilled epithermal opportunity in Glamorgan on the North Island of New Zealand, as well as supporting the execution of our fast tracked plan to production in the Reefton Goldfield on New Zealand’s South Island.
The proceeds from this financing will enable us to accelerate exploration efforts and unlock the project’s high-grade potential. We sincerely appreciate the confidence placed in our team and strategy by these valued partners, and we look forward to delivering meaningful progress and long-term value for all stakeholders in the months and years ahead.’
Pursuant to an agency agreement among the Company and the Agents dated January 28, 2026, the Company: (i) paid a cash fee of approximately $1,359,800 to the Agents; and (ii) issued 1,236,182 compensation warrants (the ‘Compensation Warrants’) to the Agents. Each Compensation Warrant is exercisable into one Common Share at the Offering Price for a term of two years expiring on January 28, 2028. In addition, the Company (i) paid a cash fee of approximately $133,925 to eligible finders relating to subscribers under the president’s list and (ii) issued 121,840 non-transferable finder’s warrants (‘Finder Warrants’) to the Finders. Each Finder Warrant is exercisable into one Common Share at the Offering Price for a term of two years expiring on January 28, 2028.
The Common Shares sold under the LIFE Offering were issued pursuant to the listed issuer financing exemption available under National Instrument 45-106 – Prospectus Exemptions as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption, in each of the provinces and territories of Canada other than Quebec. The Common Shares were also offered for sale in the United States pursuant to available exemptions from the registration requirements under the U.S. Securities Act of 1933, as amended (the ‘U.S. Securities Act’). The Common Shares issued under the LIFE Offering will not be subject to a statutory hold period pursuant to applicable Canadian securities laws. The Concurrent Offering was completed pursuant to applicable exemptions from prospectus requirements under applicable securities laws. The Common Shares issued pursuant to the Concurrent Offering are subject to a statutory hold period in Canada expiring four months and one day expiring on May 29, 2026. The Offering remains subject to the final acceptance of the TSX Venture Exchange (‘TSXV’).
This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been and will not be registered under the U.S. Securities Act, or any state securities laws, and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements is available.
Option and DSU Grant
The Company granted 1,375,000 options (each, an ‘Option’) to directors, officers, employees and consultants of the Company in accordance the Company’s stock option plan dated July 24, 2024. Each Option is exercisable into one Common Share at an exercise price of $1.43 per Common Share for five years following the date of grant. The Options are subject to a 3-year vesting period with 458,328 Options vesting on January 28, 2027, 458,333 Options vesting on January 28, 2028, and 458,339 Options vesting on January 28, 2029.
The Company also announces the grant of 100,000 deferred share units (‘DSUs’) to non-executive directors of the Company at a deemed price of $1.43 per DSU, in accordance with the Company’s DSU Plan dated July 24, 2024. The DSUs are subject to a one-year vesting. Each DSU entitles the holder to receive one Common Share at the time the holder ceases to be a director of the Company.
About Rua Gold
Rua Gold is an exploration company, strategically focused on New Zealand. With decades of expertise, their team has successfully taken major discoveries into producing world-class mines across multiple continents. The team is focused on maximizing the asset potential of Rua Gold’s two highly prospective high-grade gold projects.
The Company controls the Reefton Gold District as the dominant landholder in the Reefton Goldfield on New Zealand’s South Island with over 120,000 hectares of tenements, in a district that historically produced over 2Moz of gold grading between 9 and 50g/t.
The Company’s Glamorgan Project solidifies Rua Gold’s position as a leading high-grade gold explorer on New Zealand’s North Island. This highly prospective project is located within the North Islands’ Hauraki district, a region that has produced an impressive 15Moz of gold and 60Moz of silver. Glamorgan is adjacent to OceanaGold Corporation’s biggest gold mining project, Wharekirauponga.
Robert Eckford
Chief Executive Officer
FOR FURTHER INFORMATION PLEASE CONTACT:
Robert Eckford
Phone: (604) 655-7354
Email: reckford@ruagold.com
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
This news release includes certain statements that may be deemed ‘forward-looking statements’. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words ‘expects’, ‘plans’, ‘anticipates’, ‘believes’, ‘intends’, ‘estimates’, ‘projects’, ‘potential’ and similar expressions, or that events or conditions ‘will’, ‘would’, ‘may’, ‘could’ or ‘should’ occur and specifically include statements regarding: the Company’s strategies, expectations, planned operations or future actions including but not limited to exploration programs at its New Zealand properties; the intended use of the net proceeds of the Offering; and the final acceptance of the TSXV with respect to the Offering. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements.
Investors are cautioned that any such forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. A variety of inherent risks, uncertainties and factors, many of which are beyond the Company’s control, affect the operations, performance and results of the Company and its business, and could cause actual events or results to differ materially from estimated or anticipated events or results expressed or implied by forward-looking statements. Some of these risks, uncertainties and factors include: general business, economic, competitive, political and social uncertainties; risks related to the effects of the Russia-Ukraine war; risks related to climate change; operational risks in exploration, delays or changes in plans with respect to exploration projects or capital expenditures; the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; changes in labour costs and other costs and expenses or equipment or processes to operate as anticipated, accidents, labour disputes and other risks of the mining industry, including but not limited to environmental hazards, flooding or unfavorable operating conditions and losses, insurrection or war, delays in obtaining governmental approvals or financing, and commodity prices. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements and reference should also be made to the Company’s documents filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors.
Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
This news release is intended for distribution in Canada only and is not intended for distribution to United States newswire services or dissemination in the United States.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281947

News Provided by TMX Newsfile via QuoteMedia


Strategic Minerals plc (AIM: SML; USOTC: SMCDF), an international mineral exploration and production company, is delighted to announce that its wholly owned subsidiary, Cornwall Resources Limited (‘CRL’), has received assay results from drillhole CRD036 – the first from Pad 2 within the Redmoor Tungsten-Tin-Copper Project (‘Redmoor’) in southeast Cornwall – including further confirmation high-grades of tungsten and tin within the Sheeted Vein System (‘SVS’).
CRD036 was aimed at twinning*1 historical drillholes and identifying mineralised continuity at shallower depths and within a hole designed to intersect a higher-grade, tin-dominant portion of the high-grade tungsten deposit.
Highlights:
Tin downhole intersections
Tungsten downhole intersections
Copper downhole intersections
Silver*2
Twinning Results and Model Updates
Positive results from the drillhole twinning, and new insights into Redmoor deposit, including:
|
|
|
Figure 1: Box photos with sample intervals (Yellow Arrows), highlighting an 18.50m intersection including highlighted high-grade tungsten and tin intervals. All samples are listed in tungsten trioxide equivalent (WO3.Eq). |
Dennis Rowland, CRL Managing Director, said:
‘The assay results report a trifecta of high-grade tungsten, tin and copper intersections for the first time from the 2025 programme within a tin-dominant zone of the deposit, along with analytical results for silver – which are being further investigated as part of ongoing metallurgical studies.
Drillhole results continue to return multiple zones of high-grade tin and copper intersections, supporting the presence and continuity of tin-copper lode structures within the existing Redmoor Mineral Resource, which will be further modelled. This drillhole was designed as a twin of holes drilled by Southwest Minerals (SWM) in the 1980s and provides further confidence in these historical datasets.
Following the receipt of these results, an update on the new Redmoor deposit model and the outcome of the twinning programme is expected shortly.’
Mark Burnett, Strategic Minerals Executive Director, said:
‘Positive results such as these further highlight Redmoor’s position as the highest-grade, undeveloped tungsten resource in Europe, and amongst the highest grade globally.
This is a crucial time for critical minerals projects, given significant global supply chain shifts alongside export controls resulting in a marked increase in metal prices and interest in the sector. The Board are focussed on the acceleration of the Redmoor project through an updated mineral resource and planned prefeasibility study (‘PFS’) thereafter. This will be supported by the recently completed fundraise for a significant infill drilling programme, designed to shorten drillhole spacing within the resource, as the major requirement for converting the deposit to an Indicated resource classification ahead of the planned PFS.’
Detail of analytical results from CRD036
Table 1: Drillhole collar data for CRD036.
|
Pad Number |
Collar |
Orientation at Collar |
Total Depth (m) |
|||
|
Easting (m) |
Northing (m) |
Elevation (m) |
Azimuth (⁰) |
Dip (⁰) |
||
|
2 |
235710.00 |
71254.00 |
185 |
176 |
65 |
461.70 |

Figure 2: Plan (top-down) view of the previously modelled high-grade domains (gold) used in the 2019 Redmoor MRE, showing CRD036 (in red) and other CRL and SWM drillhole traces (black). CRD036 is an infill hole aimed at testing short-spaced continuity of structure and grade.
Drill hole CRD036 (see Table 1 & Figure 2) was intentionally drilled to twin historical drilling results and confirm the presence of tin and copper-rich structures historically drilled (drill hole RM80_05B and 05C), along with identifying the higher-grade tin-rich section of the resource and shallower extent of the SVS system. The outcomes of the twinning programme will be further detailed shortly alongside updates to the deposit model, ahead of the MRE update expected Q1 2026.
Laboratory assay results for drillhole CRD036 have returned further positive results from the current drilling programme, containing high-grade results, with tungsten (WO3) grades reaching 1.85%, copper (Cu) grades reaching 1.09%, and very-high-grade tin (Sn) grades reaching 1.92%, from a zone of the deposit known to be enriched in tin concentrations, coupled with silver (Ag) grades of up to 33.9 g/t correlated with copper mineralisation.
Table 2 below, contains the details of the composite sample intersections including sample depths, thickness, metal content, and tungsten equivalent calculations, as well as the mineralisation style recorded by CRL geologists. The tungsten equivalent (WO3. Eq.) highlights the value-add from tin and copper to the tungsten grades of the sample intervals. Appendix 1 includes full details of each sample included in these composite intersections.
Table 2: Highlights of downhole composite sample intersections returned from recently received results from drillhole CRD036 showing interval lengths and subsequent assay results for WO3, Sn & Cu. A tungsten equivalent result has also been calculated. Composited values use a downhole length weighted average of grades.
|
Sample Start |
From (m) |
To (m) |
Interval (m) |
WO3 % |
Cu % |
Sn % |
WO3 eq. % |
Comments |
|
CRL005876-81 |
308.72 |
315.32 |
6.60 |
0.02 |
0.08 |
0.26 |
0.25 |
Lode-Style Sn Mineralisation |
|
incl. CRL005876 |
308.72 |
309.36 |
0.64 |
0.01 |
0.15 |
0.38 |
0.36 |
Lode-Style Sn Mineralisation |
|
incl. CRL005878 |
311.02 |
313.00 |
1.98 |
0.03 |
0.05 |
0.24 |
0.24 |
Lode-Style Sn Mineralisation |
|
and CRL005881 |
314.82 |
315.32 |
0.50 |
0.02 |
0.02 |
1.26 |
1.06 |
Lode-Style Sn Mineralisation |
|
CRL005893-95 |
333.00 |
337.00 |
4.00 |
0.21 |
0.13 |
0.37 |
0.55 |
Lode-Style Sn Mineralisation |
|
incl. CRL005893 |
333.00 |
335.00 |
2.00 |
0.41 |
0.09 |
0.14 |
0.55 |
S.V.S Mineralisation |
|
incl. CRL005895 |
336.05 |
337.00 |
0.95 |
0.02 |
0.01 |
1.18 |
0.99 |
Lode-Style Sn Mineralisation |
|
CRL005901-03 |
344.95 |
348.00 |
3.05 |
0.16 |
0.15 |
0.13 |
0.31 |
Lode-Style + SVS Mineralisation |
|
incl. CRL005901 |
344.95 |
345.50 |
0.55 |
0.01 |
0.34 |
0.57 |
0.57 |
Lode-Style Sn Mineralisation |
|
and CRL005903 |
347.05 |
348.00 |
0.95 |
0.52 |
0.13 |
0.04 |
0.59 |
S.V.S Mineralisation |
|
CRL005907-08 |
352.00 |
354.00 |
2.00 |
0.00 |
0.43 |
0.13 |
0.22 |
Lode-Style Cu+Sn Mineralisation |
|
CRL005913 |
356.60 |
357.30 |
0.70 |
0.45 |
0.06 |
0.04 |
0.51 |
S.V.S Mineralisation |
|
CRL005925-44 |
371.50 |
390.00 |
18.50 |
0.14 |
0.25 |
0.20 |
0.37 |
S.V.S Mineralisation |
|
incl. CRL005927-33 |
372.50 |
377.00 |
4.50 |
0.47 |
0.24 |
0.14 |
0.65 |
S.V.S Mineralisation |
|
cont. CRL005927 |
372.50 |
373.30 |
0.80 |
1.02 |
0.45 |
0.09 |
1.21 |
S.V.S Mineralisation |
|
and CRL005931 |
374.51 |
375.05 |
0.54 |
1.85 |
0.22 |
0.28 |
2.13 |
S.V.S Mineralisation |
|
incl. CRL005939 |
383.40 |
384.10 |
0.70 |
0.37 |
1.09 |
1.92 |
2.23 |
Lode-Style Cu+Sn Mineralisation |
|
and CRL005944 |
389.00 |
390.00 |
1.00 |
0.02 |
0.25 |
0.36 |
0.39 |
Lode-Style Sn Mineralisation |
|
CRL005948 |
394.00 |
395.00 |
1.00 |
0.09 |
0.50 |
0.35 |
0.52 |
Lode-Style Cu+Sn Mineralisation |
|
CRL005954-55 |
399.00 |
401.00 |
2.00 |
0.02 |
0.09 |
0.29 |
0.28 |
Lode-Style Cu+Sn Mineralisation |
|
CRL005957-61 |
401.90 |
407.00 |
5.10 |
0.34 |
0.66 |
0.03 |
0.55 |
S.V.S Mineralisation |
|
incl. CRL005957 |
401.90 |
403.55 |
1.65 |
0.23 |
1.09 |
0.05 |
0.56 |
S.V.S Mineralisation |
|
incl. CRL005961 |
406.00 |
407.00 |
1.00 |
1.00 |
0.58 |
0.02 |
1.17 |
S.V.S Mineralisation |
|
CRL005963 |
408.00 |
409.00 |
1.00 |
0.00 |
0.21 |
0.32 |
0.32 |
Lode-Style Cu+Sn Mineralisation |
|
CRL005966-77 |
411.48 |
420.77 |
9.29 |
0.15 |
0.39 |
0.05 |
0.29 |
Lode-Style + SVS Mineralisation |
|
incl. CRL005966-71 |
411.48 |
415.00 |
3.52 |
0.18 |
0.29 |
0.09 |
0.33 |
S.V.S Mineralisation |
|
incl. CRL005972 |
415.00 |
416.00 |
1.00 |
0.01 |
1.03 |
0.04 |
0.32 |
Lode-Style Cu Mineralisation |
|
and CRL005975 |
418.00 |
420.77 |
2.77 |
0.22 |
0.47 |
0.02 |
0.37 |
S.V.S Mineralisation |
|
CRL005982-84 |
425.96 |
428.78 |
2.82 |
0.16 |
0.56 |
0.08 |
0.38 |
S.V.S Mineralisation |
|
incl. CRL005982 |
425.96 |
426.9 |
0.94 |
0.45 |
0.51 |
0.07 |
0.64 |
S.V.S Mineralisation |
|
CRL005988 |
432.00 |
432.70 |
0.70 |
0.86 |
0.82 |
0.07 |
1.13 |
S.V.S Mineralisation |
Note*1 Twinned drillholes refer to new CRL drillholes which are aimed to intersect SVS mineralisation in close proximity to previous historical drilling undertaken by South West Minerals in 1978-1982, in order to verify the robustness of the historical drilling data, as well as test the continuity/reproducibility of grade and structure across the spacing between the drillholes.
Note*2 Further silver analysis and commentary will follow completion of metallurgical testworks and resource modelling, noting there is no assumption at this stage that silver will be recoverable or economically reportable in the Mineral Resource.
Note*3 Tungsten Equivalent (WO3.Eq) Calculation: WO₃ (EQ)% = WO₃%+(Sn% x 0.82) + (Cu% x 0.27)
Commodity price assumptions: WO₃ US$ 43,000/t, Sn US$ 32,525/t, Cu US$ 9,429/t. Using the 12-month average to September 2025. Recovery assumptions: total WO₃ recovery 72%, total Sn recovery 68% and total Cu recovery 85%. Payability assumptions of 81%, 90% and 90% respectively.
Competent Person Statement:
The information in this announcement that relates to Sampling Techniques and Data and Exploration Results has been reviewed and approved by Mr Laurie Hassall, MSci (Geology), FIMMM, QMR, FGS, who is a full-time employee of Snowden Optiro. Mr Hassall holds a Master of Science degree in Geology from the University of Southampton and is a Fellow of the Institute of Materials, Minerals and Mining (FIMMM), through which he is also accredited as Qualified for Minerals Reporting (QMR). He is also a Fellow of the Geological Society of London (FGS).
Snowden Optiro has been engaged by Cornwall Resources Limited to provide independent technical advice. Mr Hassall, a full-time employee of Snowden Optiro, is acting as the Competent Person and is independent of Cornwall Resources Limited. He has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration, and to the activity being undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code), and under the AIM Rules.
Mr Hassall consents to the inclusion in this announcement of the matters based on his information, in the form and context in which it appears. He confirms that, to the best of his knowledge, there is no new information or data that materially affects the information contained in previous market announcements, and that the form and context in which the information is presented has not been materially modified.
|
For further information, please contact: |
||
|
Strategic Minerals plc |
+44 (0) 207 389 7067 |
|
|
Mark Burnett |
||
|
Executive Director |
||
|
Website: |
www.strategicminerals.net |
|
|
Email: |
info@strategicminerals.net |
|
|
Follow Strategic Minerals on: |
||
|
X: |
@StrategicMnrls |
|
|
LinkedIn: |
https://www.linkedin.com/company/strategic-minerals-plc |
|
|
SP Angel Corporate Finance LLP |
+44 (0) 20 3470 0470 |
|
|
Nominated Adviser and Broker |
||
|
Matthew Johnson/Charlie Bouverat/Grant Barker Zeus Capital Limited Joint Broker Harry Ansell/Katy Mitchell |
+44 (0) 203 829 5000 |
|
|
Vigo Consulting |
+44 (0) 207 390 0234 |
|
|
Investor Relations |
||
|
Ben Simons/Peter Jacob/Anna Sutton |
||
|
Email: |
strategicminerals@vigoconsulting.com |
Notes to Editors
About Strategic Minerals plc and Cornwall Resources Limited
Strategic Minerals plc (AIM: SML; USOTC: SMCDY) is an AIM-quoted, producing minerals company, actively developing strategic projects in the UK, United States and Australia.
In 2019, the Company completed the 100% acquisition of Cornwall Resources Limited and the Redmoor Tungsten-Tin-Copper Project.
The Redmoor Project is situated within the historically significant Tamar Valley Mining District in Cornwall, United Kingdom, with a JORC (2012) Compliant Inferred Mineral Resource Estimate published 14 February 2019:
|
Cut-off (SnEq%) |
Tonnage (Mt) |
WO3 % |
Sn % |
Cu % |
Sn Eq1 % |
WO3 Eq % |
|
>0.45 <0.65 |
1.50 |
0.18 |
0.21 |
0.30 |
0.58 |
0.41 |
|
>0.65 |
10.20 |
0.62 |
0.16 |
0.53 |
1.26 |
0.88 |
|
Total Inferred Resource |
11.70 |
0.56 |
0.16 |
0.50 |
1.17 |
0.82 |
1 Equivalent metal calculation notes; Sn(Eq)% = Sn% x 1 + WO3% x 1.43 + Cu% x 0.40. WO3(EQ)% = Sn% x 0.7 + WO3 + Cu% x 0.28. Commodity price assumptions: WO₃ US$ 33,000/t, Sn US$ 22,000/t, Cu US$ 7,000/t. Recovery assumptions: total WO3 recovery 72%, total Sn recovery 68% & total Cu recovery 85% and payability assumptions of 81%, 90% and 90% respectively
More information on Cornwall Resources can be found at: https://www.cornwallresources.com
In September 2011, Strategic Minerals acquired the distribution rights to the Cobre magnetite project in New Mexico, USA, through its wholly owned subsidiary Southern Minerals Group. Cobre has been in production since 2012 and continues to provide a sustainable revenue stream for the Company.
In March 2018, the Company completed the acquisition of the Leigh Creek Copper Mine situated in the copper rich belt of South Australia. The Company has entered into an exclusive Call Option with South Pacific Mineral Investments Pty Ltd trading as Cuprum Metals to acquire 100% of the project.
About the CIOS Good Growth Fund and UK Shared Prosperity Fund
This project is part-funded by the UK Government through the UK Shared Prosperity Fund. Cornwall Council is responsible for managing projects funded by the UK Shared Prosperity Fund through the Cornwall and the Isles of Scilly Good Growth Programme.
Cornwall and Isles of Scilly has been allocated £184 million for local investment through the Shared Prosperity Fund. This new approach to investment is designed to empower local leaders and communities, so they can make a real difference on the ground where it’s needed the most.
The UK Shared Prosperity Fund proactively supports delivery of the UK-government’s five national missions: pushing power out to communities everywhere, with a specific focus to help kickstart economic growth and promoting opportunities in all parts of the UK.
For more information, visit
https://www.gov.uk/government/publications/uk-shared-prosperity-fund-prospectus
For more information, visit https://ciosgoodgrowth.com

Appendix 1
Table 3: Composite intersections and individual sample results, including, sample numbers, depths and widths, metal contents and tungsten equivalent calculations.
|
Sample Start |
From (m) |
To (m) |
Interval (m) |
WO3 % |
Cu % |
Sn % |
WO3 eq. % |
|
CRL005876-81 |
|||||||
|
CRL005876 |
308.72 |
309.36 |
0.64 |
0.01 |
0.15 |
0.38 |
0.36 |
|
CRL005877 |
309.36 |
311.02 |
1.66 |
0.03 |
0.05 |
0.07 |
0.10 |
|
CRL005878 |
311.02 |
313.00 |
1.98 |
0.03 |
0.05 |
0.24 |
0.24 |
|
CRL005879 |
313.00 |
314.82 |
1.82 |
0.02 |
0.12 |
0.11 |
0.15 |
|
CRL005881 |
314.82 |
315.32 |
0.50 |
0.02 |
0.02 |
1.26 |
1.06 |
|
CRL005893-95 |
|||||||
|
CRL005893 |
333.00 |
335.00 |
2.00 |
0.41 |
0.09 |
0.14 |
0.55 |
|
CRL005894 |
335.00 |
336.05 |
1.05 |
0.00 |
0.31 |
0.10 |
0.17 |
|
CRL005895 |
336.05 |
337.00 |
0.95 |
0.02 |
0.01 |
1.18 |
0.99 |
|
CRL005901-03 |
|||||||
|
CRL005901 |
344.95 |
345.50 |
0.55 |
0.01 |
0.34 |
0.57 |
0.57 |
|
CRL005902 |
345.50 |
347.05 |
1.55 |
0.00 |
0.10 |
0.03 |
0.06 |
|
CRL005903 |
347.05 |
348.00 |
0.95 |
0.52 |
0.13 |
0.04 |
0.59 |
|
CRL005907-08 |
|||||||
|
CRL005907 |
352.00 |
353.00 |
1.00 |
0.00 |
0.34 |
0.03 |
0.12 |
|
CRL005908 |
353.00 |
354.00 |
1.00 |
0.00 |
0.52 |
0.22 |
0.32 |
|
CRL005913 |
356.60 |
357.30 |
0.70 |
0.45 |
0.06 |
0.04 |
0.51 |
|
CRL005925-44 |
|||||||
|
CRL005925 |
371.50 |
372.00 |
0.50 |
0.01 |
0.42 |
0.21 |
0.29 |
|
CRL005926 |
372.00 |
372.50 |
0.50 |
0.02 |
0.08 |
0.07 |
0.10 |
|
CRL005927 |
372.50 |
373.30 |
0.80 |
1.02 |
0.45 |
0.09 |
1.21 |
|
CRL005928 |
373.30 |
374.51 |
1.21 |
0.05 |
0.04 |
0.03 |
0.08 |
|
CRL005931 |
374.51 |
375.05 |
0.54 |
1.85 |
0.22 |
0.28 |
2.13 |
|
CRL005932 |
375.05 |
376.00 |
0.95 |
0.12 |
0.39 |
0.30 |
0.48 |
|
CRL005933 |
376.00 |
377.00 |
1.00 |
0.15 |
0.20 |
0.08 |
0.27 |
|
CRL005934 |
377.00 |
378.00 |
1.00 |
0.02 |
0.39 |
0.22 |
0.30 |
|
CRL005935 |
378.00 |
378.90 |
0.90 |
0.04 |
0.07 |
0.08 |
0.12 |
|
CRL005936 |
378.90 |
380.90 |
2.00 |
0.00 |
0.51 |
0.13 |
0.25 |
|
CRL005937 |
380.90 |
382.05 |
1.15 |
0.02 |
0.13 |
0.12 |
0.15 |
|
CRL005938 |
382.05 |
383.40 |
1.35 |
0.00 |
0.05 |
0.03 |
0.04 |
|
CRL005939 |
383.40 |
384.10 |
0.70 |
0.37 |
1.09 |
1.92 |
2.23 |
|
CRL005941 |
384.10 |
386.15 |
2.05 |
0.01 |
0.03 |
0.04 |
0.05 |
|
CRL005942 |
386.15 |
387.45 |
1.30 |
0.02 |
0.30 |
0.19 |
0.26 |
|
CRL005943 |
387.45 |
389.00 |
1.55 |
0.02 |
0.03 |
0.12 |
0.13 |
|
CRL005944 |
389.00 |
390.00 |
1.00 |
0.02 |
0.25 |
0.36 |
0.39 |
|
CRL005948 |
394.00 |
395.00 |
1.00 |
0.09 |
0.50 |
0.35 |
0.52 |
|
CRL005954-55 |
|||||||
|
CRL005954 |
399.00 |
400.00 |
1.00 |
0.02 |
0.05 |
0.34 |
0.30 |
|
CRL005955 |
400.00 |
401.00 |
1.00 |
0.02 |
0.14 |
0.24 |
0.25 |
|
CRL005957-61 |
|||||||
|
CRL005957 |
401.90 |
403.55 |
1.65 |
0.23 |
1.09 |
0.05 |
0.56 |
|
CRL005958 |
403.55 |
405.00 |
1.45 |
0.01 |
0.52 |
0.04 |
0.18 |
|
CRL005959 |
405.00 |
406.00 |
1.00 |
0.36 |
0.23 |
0.02 |
0.44 |
|
CRL005961 |
406.00 |
407.00 |
1.00 |
1.00 |
0.58 |
0.02 |
1.17 |
|
CRL005963 |
408.00 |
409.00 |
1.00 |
0.00 |
0.21 |
0.32 |
0.32 |
|
CRL005966-77 |
|||||||
|
CRL005966 |
411.48 |
412.40 |
0.92 |
0.01 |
0.30 |
0.23 |
0.28 |
|
CRL005967 |
412.40 |
413.00 |
0.60 |
0.43 |
0.16 |
0.10 |
0.56 |
|
CRL005968 |
413.00 |
413.70 |
0.70 |
0.03 |
0.20 |
0.02 |
0.10 |
|
CRL005971 |
413.70 |
415.00 |
1.30 |
0.27 |
0.39 |
0.01 |
0.39 |
|
CRL005972 |
415.00 |
416.00 |
1.00 |
0.00 |
1.03 |
0.04 |
0.32 |
|
CRL005973 |
416.00 |
417.00 |
1.00 |
0.02 |
0.19 |
0.01 |
0.08 |
|
CRL005974 |
417.00 |
418.00 |
1.00 |
0.08 |
0.05 |
0.02 |
0.10 |
|
CRL005975 |
418.00 |
418.92 |
0.92 |
0.30 |
0.51 |
0.02 |
0.46 |
|
CRL005976 |
418.92 |
420.00 |
1.08 |
0.29 |
0.41 |
0.02 |
0.42 |
|
CRL005977 |
420.00 |
420.77 |
0.77 |
0.02 |
0.52 |
0.02 |
0.18 |
|
CRL005982-84 |
|||||||
|
CRL005982 |
425.96 |
426.90 |
0.94 |
0.45 |
0.51 |
0.07 |
0.64 |
|
CRL005983 |
426.90 |
428.00 |
1.10 |
0.01 |
0.75 |
0.10 |
0.30 |
|
CRL005984 |
428.00 |
428.78 |
0.78 |
0.03 |
0.35 |
0.04 |
0.16 |
|
CRL005988 |
432.00 |
432.70 |
0.70 |
0.86 |
0.82 |
0.07 |
1.13 |
Source


Hamak Strategy Limited (LSE: HAMA / OTCQB: HASTF) a company combining traditional gold exploration in Africa with A Digital Asset Treasury Management strategy, is pleased to announces the acquisition of Bitcoin and gold bullion as part of its broader capital allocation and treasury management strategy. The Bitcoin was purchased via its FCA-regulated digital asset exchange broker and custodian, Archax. The gold was purchased via a Hamak Corporate Account held with the world’s largest online investment gold service, BullionVault UK (a member of the London Bullion Market Association).
Highlights
Executive Director Karl Smithson commented:
‘We believe the holding of both physical gold assets and Bitcoin, offers a distinctive differentiation in the junior resources sector, providing a blend of traditionally defensive and digitally disruptive exposure.
‘We aim to rapidly develop our hybrid treasury strategy, which the Board believes will deliver low correlation to conventional equity market cycles while offering clear potential upside from long-term structural trend.
‘This initiative forms part of a more comprehensive treasury framework designed to incorporate strategic reserves, liquidity tools, and non-dilutive value protection mechanisms for shareholders.’
For the purposes of UK MAR, the person responsible for arranging release of this announcement on behalf of Hamak is Karl Smithson, Executive Director.
For further information on Hamak you are invited to view the company’s website at https://hamakstrategy.com/ or please contact:
|
Hamak Strategy Limited Karl Smithson |
k.smithson@hamakstrategy.com |
|
AlbR Capital Limited (Corporate Broker) Yellow Jersey PR Annabelle Wills |
+44 (0) 20 7469 0930 +44 (0) 20 3004 9512 |
About Hamak Strategy Limited
Hamak Strategy Limited (LSE: HAMA / OTCQB: HASTF) is a UK listed company focussed on gold exploration in Africa and with a strategy of pursuing an appropriate and compliant BTC/ crypto treasury management policy.
Important Notice
The Company maintains some of its treasury reserves and surplus cash in Bitcoin, a form of cryptocurrency. The Company is not authorised or regulated by The Financial Conduct Authority (FCA) and Bitcoin investments are generally not subject to regulation by the FCA or otherwise in the United Kingdom. Neither the Company nor investors in the Company’s shares are protected by the UK’s Financial Ombudsman Service or the Financial Services Compensation Scheme.
However the FCA considers Bitcoin investments to be high-risk. The value of Bitcoin can go up as well as down, leading to fluctuations in the value of the Company’s Bitcoin holdings, and the Company may not be able to realise its Bitcoin holdings for the same amount it paid to acquire them, or even for the value the Company currently attributes to its Bitcoin positions.
The Company’s Board of Directors have identified the following risks in relation to the holding of Bitcoin, which are not exhaustive:
An investment in the Company is not an investment in Bitcoin itself, but prospective investors in the Company are encouraged to conduct their own research before investing and should be aware that they will have indirect exposure to the high-risk nature of cryptoassets, including their volatility, and could therefore sustain large or total losses of their investment.
Source


Apollo Silver Corp. (‘Apollo Silver’ or the ‘Company’) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) is pleased to announce that it has closed the second and final tranche of its previously announced upsized non-brokered private placement (the ‘Offering’), previously announced on January 21, 2026. Pursuant to the closing of the second and final tranche of the Offering, the Company issued an aggregate of 2,500,000 units (the ‘Units’) at a price of $5.00 per Unit for aggregate gross proceeds of $12,500,000. With the completion of this tranche, the Offering is now fully subscribed for total gross proceeds of $27,500,000.
A fund managed by Jupiter Asset Management (the ‘Jupiter Fund’) subscribed for all of the Units under the second and final tranche of the Offering.
As a result of closing the second and final tranche of the Offering, the Jupiter Fund now beneficially owns and controls 7,452,456 common shares and 3,807,200 common share purchase warrants of the Company, representing approximately 11.9% of the Company’s outstanding common shares on a non-diluted basis and approximately 16.9% on a partially diluted basis, assuming exercise of such warrants.
‘We welcome and appreciate the continued participation of Jupiter Fund, as a key shareholder of Apollo Silver,’ said Ross McElroy, President and CEO of Apollo Silver. ‘Jupiter Fund’s commitment is a strong statement of support as we continue to advance our large scale, high quality silver assets in stable jurisdictions.’
Each Unit issued pursuant to the Offering consists of one common share (a ‘Share’) in the capital of the Company and one common Share purchase warrant (a ‘Warrant’). Each Warrant entitles the holder thereof to purchase one Share at an exercise price of $7.00 for a period of 24 months from the closing date of the Offering.
Closing of the Offering remains subject to final acceptance of the TSX Venture Exchange.
In connection with subscriptions received in the second and final tranche of the Offering, the Company paid aggregate finder’s fees totaling $312,500 to BMO Capital Markets.
The securities issued under the second and final tranche of the Offering are subject to a four-month hold period from the date of closing. The Company intends to use the net proceeds from the Offering to continue advancing the Calico Silver Project in San Bernardino, California; support community relations initiatives at the Cinco de Mayo Silver Project in Chihuahua, Mexico; cover ongoing property maintenance costs at both projects; and for general corporate purposes.
The Shares have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the ‘U.S. Securities Act’), or any U.S. state securities laws, and may not be offered or sold in the United States without registration under the U.S. Securities Act and all applicable state securities laws or compliance with the requirements of an applicable exemption therefrom. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Apollo Silver Corp.
Apollo Silver is advancing one of the largest undeveloped primary silver projects in the US. The Calico project hosts a large, bulk minable silver deposit with significant barite and zinc credits – recognized as critical minerals essential to the US energy and medical sectors. The Company also holds an option on the Cinco de Mayo Project in Chihuahua, Mexico, which is host to a major carbonate replacement (CRD) deposit that is both high-grade and large tonnage. Led by an experienced and award-winning management team, Apollo Silver is well positioned to advance the assets and deliver value through exploration and development.
Please visit www.apollosilver.com for further information.
ON BEHALF OF THE BOARD OF DIRECTORS
Ross McElroy
President and CEO
For further information, please contact:
Email: info@apollosilver.com
Telephone: +1 (604) 428-6128
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding ‘Forward-Looking’ Information
This news release includes ‘forward-looking statements’ and ‘forward-looking information’ within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements including, without limitation, statements with respect to the final acceptance of the Offering by the TSXV, and the intended use of proceeds from the Offering. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as ‘anticipate’, ‘believe’, ‘plan’, ‘estimate’, ‘expect’, ‘potential’, ‘target’, ‘budget’ and ‘intend’ and statements that an event or result ‘may’, ‘will’, ‘should’, ‘could’ or ‘might’ occur or be achieved and other similar expressions and includes the negatives thereof.
Forward-looking statements are based on the reasonable assumptions, estimates, analysis, and opinions of the management of the Company made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management of the Company believes to be relevant and reasonable in the circumstances at the date that such statements are made. Forward-looking information is based on reasonable assumptions that have been made by the Company as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may have caused actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks associated with mineral exploration and development; metal and mineral prices; availability of capital; accuracy of the Company’s projections and estimates; realization of mineral resource estimates, interest and exchange rates; competition; stock price fluctuations; availability of drilling equipment and access; actual results of current exploration activities; government regulation; political or economic developments; environmental risks; insurance risks; capital expenditures; operating or technical difficulties in connection with development activities; personnel relations; and changes in Project parameters as plans continue to be refined. Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the price of silver, gold and barite; the demand for silver, gold and barite; the ability to carry on exploration and development activities; the timely receipt of any required approvals; the ability to obtain qualified personnel, equipment and services in a timely and cost-efficient manner; the ability to operate in a safe, efficient and effective matter; and the regulatory framework regarding environmental matters, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information contained herein, except in accordance with applicable securities laws. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the Company’s expected financial and operational performance and the Company’s plans and objectives and may not be appropriate for other purposes. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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Richmond Hill Resources PLC (AIM: RHR) announces that the Company has raised gross proceeds of £600,000 through a placing of 23,077,000 new ordinary shares of 0.1 pence each (‘Ordinary Shares’) at a price of 2.6 pence per new ordinary share (the ‘Issue Price’) (the ‘Placing’). In addition, further to the announcement on 18 December 2025, the Company has entered into a sale and purchase agreement (“SPA”) with Ulvestone Ltd (“the Vendor”) with respect to the Martello Gold Project in Canada.
Placing
Richmond Hill has raised gross proceeds of £600,000 comprising the Placing of 23,077,000 new Ordinary Shares at the Issue Price through its broker, Clear Capital Limited. The Issue Price represents a 6% premium to the mid-market closing price of 2.45 pence per Ordinary Share on 27 January 2026, being the latest practicable business day prior to the publication of this announcement.
The net proceeds of the Placing will be used to provide the Company with additional funding for general working capital and to progress its newly acquired Martello Gold Project in Ontario, Canada.
The Company is exploring the implementation of a facility to enable retail investors to participate in a future equity fundraise. A further announcement will be made in due course should such a facility be established.
Martello Gold Project
The Company has entered into an SPA to acquire the Martello Gold Project. The terms of the SPA are the same as the terms announced on 18 December 2025 with the exception that the vendor party has changed from Olerud Ltd to Ulvestone Limited. Ulvestone Ltd has assumed the Vendor’s rights and obligations under the transaction in place of Olerud Ltd. Both companies are controlled by James Ikin, a substantial shareholder in the Company.
As announced on 5 January 2026, work has commenced on historic data compilation and digitisation is ongoing to define high-priority drill targets for a maiden drill programme.The Company has been informed that the database compilation will be completed shortly.
Initial Cash and Equity Payment and Issue of Creditor Shares
Richmond Hill will shortly make a payment to the Vendor of £100,000 in cash.
Richmond Hill has also issued 38,750,000 new Ordinary Shares at a price of 2 pence per share (‘Consideration Shares’) to the Vendor in line with the first tranche payment due to the Vendor under the SPA.
The Company has also issued 1,300,000 new Ordinary Shares in the Company at a price of 2 pence per share to an outstanding creditor to settle existing liabilities (“Creditor Shares”).
Related Party Transaction
James Ikin, who is a substantial shareholder in the Company, controls the Vendor and therefore the entering into of the SPA constitutes a related party transaction pursuant to Rule 13 of the AIM Rules for Companies. The directors of the Company, all being independent of the transaction, having consulted with the Company’s nominated adviser, Cairn Financial Advisers LLP, consider that the terms of the transaction are fair and reasonable insofar as the Company’s shareholders are concerned.
Admission
Application will be made to the London Stock Exchange for the admission of 63,127,000 new Ordinary Shares to trading on AIM (‘Admission’). Admission is expected to occur on or around 11 February 2026.The new Ordinary Shares will rank pari passu with the existing Ordinary Shares.
Total Voting Rights
For the purposes of the Disclosure and Transparency Rules, following Admission, the Company’s issued share capital will comprise 657,337,949 Ordinary Shares of 0.1 pence each. This figure may be used by shareholders as the denominator for calculations to determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.
Hamish Harris, CEO of Richmond Hill, commented: ‘The Board is delighted to have successfully raised funds at a premium to the prevailing share price on 27 January 2026. With gold trading above $5,000 per ounce at the time of this announcement and Richmond Hill is poised to commence drilling in the near term, we are excited about the significant momentum the Company has achieved in such a short period since listing. This fundraise positions us strongly to unlock value for shareholders as we advance our exploration programme.‘
Forward Looking Statements
This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties resulting from working in a new political jurisdiction, uncertainties regarding the results of exploration, uncertainties regarding the timing and granting of prospecting rights, uncertainties regarding the Company’s ability to execute and implement future plans, and the occurrence of unexpected events. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors.
This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.
For further information, please contact:
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Richmond Hill Resources Hamish Harris |
Tel: +44 (0)787958 4153 |
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Cairn Financial Advisers LLP (Nominated Adviser) Ludovico Lazzaretti / James Western |
Tel: +44 (0)20 7213 0880 |
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Clear Capital Limited (Broker) Bob Roberts |
Tel: +44 (0) 20 3869 6080 |
Further information on the Company can be found on its website at www.richmondhillresources.com
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